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In collaboration with

DIGITAL STRATEGIES FOR BUSINESS


LEADING THE NEXT-GENERATION ENTERPRISE
OVERVIEW
The Digital Strategies for Business course is digital age. Case studies will feature both digital
taught in conjunction with Professor David trailblazers as well as traditional enterprises
Rogers, Faculty Director at Columbia Business that are adapting to the digital age.
School.
Key learning themes of the course include:
In today’s world, almost every business is a
Understanding Digital Customer Behaviors
digital business. In every industry, processes
are being transformed by the proliferation of Platform Business Models
digital technologies and the rise of disruptive
Big Data & How to Build Data as a Strategic
threats. To compete, businesses need to adapt
Asset
and thrive. Organizations need leaders who
can think strategically and harness the digital Innovation through Experimentation: AB Tests
change to create new value for customers and and Minimum Viable Products
opportunities for business.
Translating the Lean Startup to Enterprise
This course focuses on how managers can Scale Innovation
develop new strategies and business models
01 Mastering Disruptive Business Models
to enable their organization to thrive in the
GLOBALLY CONNECTED CLASSROOM
AT EMERITUS

At our founding academic institutions, peer-to-peer learning and application are


integral to a student’s learning experience. At EMERITUS we have replicated this
approach in our “Globally Connected Classroom”. While the course frameworks
are delivered using interactive video lectures, two-thirds of the learning time is
devoted to application of these concepts by collaborative, student teams (which
we call “Learning Circles”).

Byte Sized Grading Peer-to-Peer Learning


02
Learning & Evaluation & Feedback

Mobile App Real World Global IVY


Learning Application Education

Cohort Based
COURSE HIGHLIGHTS

120 12 9
Video Assignments Discussions
Lectures

03

3
Case Study Live Online
Teaching Sessions

The course includes live Q&A with David Rogers, Faculty of Executive Education, Columbia
Business School
SYLLABUS

MODULE 1 - 5 Domains of Digital Transformation

Pre-Work

Pre-read - How Cities Score

Framework

5 Domains of Digital Transformation - Introduction - Part 1

5 Domains of Digital Transformation - Introduction - Part 2

5 Domains of Digital Transformation

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Customers - Khan Academy Example

Competition - Co-opetition, Dis-intermediation & Asymmetric Competitors

Data - Weather.com Example

Innovation - JC Penny Example

Innovation – Intuit Example of Indian Farmers

Value - The Metropolitan Museum of Art Example

Applications
Individual assignment - What are the strengths and weaknesses of your firm, your
industry or the industry you are seeking to work in?
MODULE 2 - Customer Networks and the New Path to
Purchase

Frameworks

Life Church Example



Customer Network Paradigm - Mass Market Vs Customer Network Model

Rethinking the Marketing Funnel

Mapping the “Path to Purchase”

Multichannel Threat to Retailers - Part 1 – Showrooming



Multichannel Threat to Retailers - Part 2 - Wal-Mart example (Omni-channel)

05
Application
Individual Assignment - Pick a recent non-impulse (high involvement) purchase
from the past year. Map out your path to purchase – research and interactions.
MODULE 3 - Understanding Digital Customer Behaviors

Frameworks

Introduction

Access Strategy

Engage Strategy - Part 1 & 2



Customize Strategy

Connect Strategy - Part 1 & 2

Collaborate Strategy

Application
06
Individual Assignment - Develop an innovative customer initiative based on the
framework learned.

MODULE 4 - Platform Business Models

Framework

Introduction & Rise of Platforms

What is a Platform?

4 types of Platforms

Platforms - Then & Now

The Power of Network Effects

4 Advantages of Platforms

Tool - Platform Business Model Map


07
How Platforms Compete - Part 1

How Platforms Compete - Part 2

Strategic Questions for Platforms

Application
Individual Assignment - Map out the Platform Business Model map.
MODULE 5 - Coopetition, Disintermediation, and Asymmetric
Competitors

Framework

Introduction

Coopetition

Tool - Competitive Value Train

Tool - Competitive Value Train - Disintermediation and Intermediation

2 Rules of Power in Value Trains

Changes in Strategic Assumptions

08
Application
Individual Assignment - Draw a Competitive Value Train.

MODULE 6 - Building Data as a Strategic Asset for Your Business

Framework

Introduction + Data as a Strategic Asset - Part 1 - Google Maps/ Apple Maps

Data as a Key Strategic Asset - Part 2 - Nokia, the Weather Company.



Every Business Needs a Data Strategy

Case Study : Coca Cola

Case Study : British Airways

Case Study : The New York Times


Application
Individual Assignment (Self-reflective) - Is your business using data as a strategic
asset? Where can it improve?

MODULE 7 - Big Data at Work: New Data, New Tools, and


Templates of Value

Framework

Big Data

New Sources of Unstructured Data



Tools for Unstructured Data

Availability of the Tools


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4 Templates of Value – Insight

4 Templates of Value – Targeting

4 Templates of Value – Personalization

4 Templates of Value – Context

3 Myths of Big Data - Myth 1

3 Myths of Big Data - Myths 2 & 3

Application
Group Assignment - Develop an innovative data initiative by applying the four
templates of data value.
MODULE 8 - Innovation through Experimentation: AB Test
and Minimum Viable Products

Framework

Introduction

2 Kinds of Experiments

7 Principles of Experimentation - 1. Learn Early

7 Principles of Experimentation - 2. Be Fast and Iterate

7 Principles of Experimentation - 3. Fall in Love With the Problem, Not the


Solution

7 Principles of Experimentation - 4. Get Credible Feedback


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7 Principles of Experimentation - 5. Measure What Matters Now

7 Principles of Experimentation - 6. Test Your Assumptions

7 Principles of Experimentation - 7. Fail Smart



The Convergent Experimental Method

The Convergent Experimental Method - Petco and Obama Experiments

When to Use Convergent Experiments

The Divergent Experimental Method

The Divergent Experimental Method - Setting Limits and More than one Solution

The Divergent Experimental Method - MVP - Minimum Viable Prototype (or


Product)
4 P’s: Iterative Decisions in ENTERPRISE innovation

When to Use Divergent Experiments

Application

Individual Assignment - How would you design an experiment to learn the best path
with a given scenario?

MODULE 9 - Translating the Lean Startup to Enterprise Scale


Innovation

Framework

Introduction + 4 paths for Scaling Up an Innovation


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4 Paths - Path 1 - MVP Roll-Out

4 Paths - Path 2 - MVP Launch

4 Paths - Path 3 - Polished Roll-Out

4 Paths - Path 4 - Polished Launch

Picking the wrong path - Google Glass example

Organizational Challenges - Part 1 - Leading & Who Experiments?

Organizational Challenges - Part 2 - Building a Test & Learn Culture

Organizational Challenges - Part 3 - Planning to Fail

Organizational Challenges - Part 4 - Celebrating Failure


Application

Individual Assignment - Assess your own company’s barriers to innovation.

MODULE 10 - Adapting Your Value Proposition

Framework

Adapting Your Value Proposition: Customer Centricity during Rapid Change -


Napster/iTunes case

How to Adapt to a Shrinking Market - 3 Routes Out of a Shrinking Market

1st Route - New Customers

2nd Route - New Value


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3rd Route - New Customers + New Value

The New York Times - Adapting to its Value Proposition - The Problem and the
New Value they Created

The New York Times - Adapting to its Value Proposition - Organizational Shifts
and Results

Adapt Before you Must



5 Concepts of Market Value

Introduction of the Tool - Value Proposition Roadmap

Changes in Strategic Assumptions : Value


Application

Group Assignment 1: Identify Key Customer Types by Value Received

Group Assignment 2: Define Current Value for Each customer

Group Assignment 3: Identify emerging threats

Group Assignment 4: Assess the strength of the Current Value Elements

Group Assignment 5: Generate new potential value elements



Group Assignment 6: Synthesize a new Forward-Looking Value Proposition

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MODULE 11 - Mastering Disruptive Business Models

Highlights of Disruption

Disruption in the Digital Age

Theories of Disruption - Schumpeter + Christensen



Theories of Disruption - Problems with Christensen’s Theory

A Business Model Theory of Disruption

Two Differentials of Disruptive Business Models

3 Cases of Business Model Disruption – iPhone

3 Cases of Business Model Disruption – Netflix


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3 Cases of Business Model Disruption - Warby Parker

Tool + Summary

Application
Individual Assignment - Create and Assess a Disruptive Business Model
MODULE 12 - Surviving Disruption: 6 Incumbent Responses
to a Disruptive Challenger

Framework

3 Variables of Disruptive Business Models - Customer Trajectory

3 Variables of Disruptive Business Models – Scope

3 Variables of Disruptive Business Models - Multiple Incumbents

Tool - The Disruptive Response Planner

Six Responses - 1. Acquire the Disrupter

Six Responses - 2. Launch an Independent Disrupter

15 Six Responses - 3. Split the Disrupter’s Business Model

Six Responses - 4. Refocus on Your Defensible Customers

Six Responses - 5. Diversify Your Portfolio

Six Responses - 6. Plan for a Fast Exit

Application
Individual Assignment - Analyze a threat and plan your response using the
Disruptive Response Planner
MODULE 13 - Leadership and the Customer Value
Imperative Frameworks

Framework

Role of Leadership in Digital Era

Understanding the Organizational Issues

Balancing Incubation and Integration

Customer Value Imperative and Course Wrap-up

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BENEFITS TO
THE LEARNER

Intellectual Capital Brand Capital

Global Business Education Certificate from EMERITUS in collaboration


with Columbia Business School Executive
Rigorous and experiential curriculum Education

World-renowned faculty

Globally Connected Classroom: 17


Peer-to-Peer Learning Circles

Action Learning: Learning by Doing

Social Capital Career Capital

Build new networks through peer Professional acceleration through our


interaction enriched leadership toolkit

Benefit from diverse class profiles Learn while you earn

Get noticed. Get ahead


COURSE FACULTY

David Rogers
Faculty at Columbia Business School

David Rogers, a member of the faculty at global CEOs and CMOs come together with
Columbia Business School, is a globally leading technology firms, media companies,
18 recognized leader on brands and digital business and entrepreneurs, to address the challenges of
strategy. He is known for his pioneering model building strong brands in the digital age.
of customer networks. He is the author of
Rogers advises companies and keynotes
four books, including “The Network Is Your
at conferences worldwide on the ways that
Customer,” and the recently launched, “The
technology is transforming brands and business
Digital Transformation Playbook: Rethink Your
strategy. He has consulted on marketing
Business to Adapt and Thrive in the Digital
and digital strategy for startups and global
Age.”
companies – including Toyota, Pernod Ricard,
At Columbia Business School, David teaches Visa, SAP, Lilly, Combiphar, China Eastern
global executives as the Faculty Director of Airlines, Kohler, Saint-Gobain, and MacMillan,
Executive Education programs on Digital among many others.
Marketing and Digital Business Strategy.
David has appeared on CNN, ABC News, CNBC,
His recent research with Columbia Business
Marketplace, Channel News Asia, and in The
School’s Center on Global Brand Leadership has
Financial Times, The Wall Street Journal,
focused on Big Data, the Internet of Things, in-
Forbes, and The Economist. He received the
store mobile shoppers, digital marketing ROI,
2009 Award for Brand Leadership at the World
and data privacy. David is also the founder and
Brand Congress.
host of the Center’s acclaimed BRITE conference
on brands, innovation, and technology, where
CERTIFICATE

THIS IS TO CERTIFY THAT

BEN CHOI
HAS ATTENDED AND SUCCESSFULLY COMPLETED

DIGITAL STRATEGIES FOR BUSINESS: LEADING THE


NEXT-GENERATION ENTERPRISE
NOVEMBER 2018

19

Bob Halperin Dil Sidhu


Academic Director Associate Dean
Columbia Business School
EMERITUS
Executive Education

Upon successful completion of the program, participants will be awarded a verified


digital certificate by EMERITUS Institute of Management, in collaboration with Columbia
Business School Executive Education.
DURATION AND Fees US$ 1,400
COURSE FEE 10 Weeks

*Course fee is exclusive of GST applicable to


Singapore residents

ABOUT
COLUMBIA
BUSINESS
SCHOOL

20 Columbia Business School is the only Ivy League


business school located in the global business
hub of New York City. The school has over 40,000
alumni in 133 countries and about 70 alumni
clubs globally. Columbia Business School is a
part of Columbia University which has produced
101 Nobel Prize winners, 5 Founding Fathers
of the United States; 9 Justices of the United
States Supreme Court, 29 Academy Award
winners, and 29 heads of state, including 3
United States Presidents.
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